RossLarter

CPI - Potential Long

Long
JSE:CPI   CAPITEC BANK HLDGS LTD
Using our fractals strategy, CPI has signaled a possible long position coming up. The price broke out through the descending resistance line and, if it breaks the high of yesterday, we will be entered into a long position. The stochastic isn't at the most desirable location but it could still play out nicely.

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